QP, partners mark 10th anniversary of South Hook LNG Terminal Oct 10, 2019 0 443 12345 Tribune news network DOHA South Hook LNG Terminal celebrated its 10th anniversary in a special event held in London under the patronage of the Minister of State for Energy Affairs, President & CEO of Qatar Petroleum HE Saad Sherida al Kaabi.The event was attended by HE Yousef Ali al Khater, Ambassador Extraordinary and Plenipotentiary of Qatar to the Court of St James, and by senior officials from the UK and senior executives from Qatar Petroleum, Qatargas, ExxonMobil and Total.Located on the Pembrokeshire coast near Milford Haven in Wales, the South Hook LNG Terminal was commissioned in 2009 and has the capacity to provide up to 20 percent of UK’s needs of natural gas.Speaking at the event, Kaabi hailed the historic relations between Qatar and UK and stressed the importance of the UK market to Qatar’s LNG.He said, “The UK is a very important market for Qatari LNG, as it offers a friendly and attractive business environment, and a stable regulatory framework. This is driven by the long and historic relations that tie our two countries and people, on many levels and across all walks of life.” Kaabi also stressed the importance of South Hook as an important tool for local development.“As Qatar Petroleum and its partners made significant investments to develop the import and regasification facilities in South Hook, the terminal itself became a provider of stable local jobs, and a supporter of local communities, businesses and services,” he said.Kaabi expressed pride in being part of this landmark terminal saying, “South Hook Terminal is a strategic investment that supports the security of energy supplies to one of the world’s most dynamic and vibrant economies. It brings warmth to homes and energy to businesses, and drives industries and innovation.” The minister thanked Qatar Petroleum’s partners, ExxonMobil and Total, as well as the Welsh authorities and senior officials in UK for their continuous and unparalleled support.He also thanked Qatargas for their safe and reliable supply of LNG and Nakilat for managing the shipping.The South Hook LNG terminal became commercially operational in March 2009 with the arrival of its commissioning cargo on board the QFlex class LNG carrier “Tembek”. Pages 12 RELATED ARTICLES QIIB chairman honoured ‘Islamic Finance Personality of the Year 2019’ by GIFA Oct 10, 2019 0 527 QNB net profit up 4% to QR11.2 bn in 9 months Oct 10, 2019 0 387 Qatar ranks 2nd in Arab region in global competitiveness index Oct 10, 2019 0 164 Qatar Stock Exchange drops 74.29 points QNA Doha Qatar Stock Exchange (QSE) index dropped 74.29 points (0.72 percent) when the bourse closed trading at 10,197.57 points on Wednesday. The volume of shares traded increased to 70.77 million from 53.42 million, ..